£94,500
1 bed flat for saleDucketts Mead, Reading, Berkshire RG2
1 bed
- Shared ownership
- Leasehold
SO Resi - Resale
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About this property
One bed apartment
Modern kitchen
Off street parking
Good travel links
Available for 45% share
5% minimum deposit only
This bright, modern, well-decorated one-bedroom apartment is now available in Reading through Shared Ownership.
The ground-floor property comprises an entrance hall, a spacious living room, a separate fitted kitchen, one large bedroom, and a bathroom.
Outside, off-street parking is allocated, and a shared garden area is also available. Perfect for couples and singles.
Available for £94,500 for 45% share based on the marketing figure of £210,000.
Monthly rent - £347.79
Monthly Service Charge - £154.76
Total Monthly Charge - £502.55 plus mortgage required for 45% share.
An annual rent increase takes place every April
Location
The apartment is situated 3 miles south of Reading town centre and benefits from close proximity to the M4. There are 12 schools within 1 mile. The nearest train station is Earley (2.0 miles).
In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.
More information
Tenure
Leasehold (973 years)
Service charge
Council tax band
Ground rent
Ground rent date of next review